Not suprising information on the current state of the market. In Hawaii, we are definitely seeing more action in the first time homebuyer segment, but expect to see it trickling up.

Via Florida Pines Realty, LLC:

The market always heals from the bottom up" according to Paul Bishop, National Association of Realtors Vice President of Research. According to the recently released sales numbers 47% of buyers this past year were first time home buyers.  Surpassing the previous high record of first time purchasers set back in 1991

 "These buyers are critical to housing and a general economic recovery ...they absorb inventory, free existing owners to make a trade and stimulate related goods and services " said Bishop.  He compared this rise to the last recession in 1991, where the same dynamic played out "first time home buyers started the chain reaction that led the nation out of recession" he said.   Bishop credits tax incentives,record high affordability, and pent up buyer demand to this spike in recent sales.   Economists would also credit the FED with suppressing any immediate rise in interest rates affecting home mortgages while the economy is still so fragile.  

BUYER PROFILES ARE ALSO DIFFERENT THAN ONE WOULD EXPECT  

The median age of a first time home buyer is 30 indicating that some are younger and some are older. They are planning to live in their homes for at least ten years. The typical cost Nationwide was $156,000 down 7% from last years figure of $165,000. 87% of First time Home Buyers surveyed consider their home to be a good investment."   Single Family homes sold a higher rate than other forms of housing.  In fact 78% of the home achieved were single family homes

HOW ARE BUYERS PAYING FOR HOMES?   96% Chose a fixed rate mortgage.  (55% used FHA compared to 8% Using VA Programs) 61% of First time buyers used their savings as a down payment. 22% received down payment assistance as a gift from family.      6% received loans for down payments from family 6% tapped into a 401 (k) program  

WHAT IS OLD IS NEW AGAIN- SAVING MONEY FOR A DOWN PAYMENT ON A HOME

39% of home buyers have cut back on luxury items, 38% cut back on entertainment and 30% cut back spending on clothing according to the study.

And a staggering 80% of first time home buyers are using the Internet.  

HOW HAVE RECENT CHANGES IN REAL ESTATE AFFECTED SALES?  

13% Experienced a Purchase Agreement that was canceled, terminated or fell through "This raises the question of how many potential buyers were unsuccessful because of problems with appraisals or loan qualifications. The market would be stronger without these problems" Bishop added.

Only 8% of applicants were rejected for loans (a 92% success rate) 12% of applicants said that financing their first home was more difficult than they expected. 8% of all buyers paid cash.  

85% of Successful Home Sellers used a Real Estate Professional. Sellers surveyed want agents to price their homes competitively, find a buyer, market the property and sell within a specific time frame.     

THE TAX CREDIT  EXPANSION INTO 2010   

The expansion of the tax incentive program will extend to homes placed under purchase agreements by April 30, 2010  and will include home buyers who have owned a home in the past 5 years.

  Repeat Buyers  surveyed  had an average age of  48, earning $88,100 and plan to stay in the homes they purchased on average for 12 years.  These buyers typically bought more expensive housing. The median price on a National level was  $224,500  

RECORD DECLINE IN FOR SALE BY OWNER PROPERTIES.  

In the actual number of homes sold without representation was a record low according the most recent survey only 6%. Declining for the second year in row. 

The most difficult tasks reported by owners attempting to sell homes themselves were,; preparing and fixing the home, understanding and performing the paperwork and selling within the planned length of time.

The overwhelming majority of successful sellers used a Real Estate Professional full service brokerage.

 

 

St. Cloud Florida  Real Estate Broker/Associate,         

St. Cloud Florida Homes For Sale, Buying HOMES In St. Cloud Florida, Real Estate Agent specializing in Osceola County Homes ,Townhomes, vacation properties, land, & Investment Properties-Allison Knows Osceola County, Fl.

 



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

Great commentary on the value of PROPERLY staging a home for sale.

Via Donna Ross - Home Staging, Sydney, Australia (Great Impressions Real Estate Staging & Consulting - Sydney):

Home staging (or property styling as it's commonly known as on the Australian property scene) is really an art, not a science. One of the many things a professional home stager understands is that it's the house that's up for sale, not the home owner's bread baking ability or taste in music. So, from the sublime to the rediculous - here's 8 myths of staging to sell - busted!

1. Buyers can see past my stuff
No - they can't. 95% of house hunters shop with a 'what you see is what you get' eye. You'll be maximising your chances of a better and quicker sale if you take the time to clean out, clean up and keep your look simple.brewing coffee

2. Baking bread, brewing fresh coffee and playing soft music will make a buyer fall in love with my house.
Maybe once upon a time this was true - but most would-be buyers are onto that old trick. It's more likely to trigger alarm bells, with many wondering what it is you're trying to hide. Your buyers will be happy with a place that looks and smells clean.

3. I'll need to clear everything out to help buyers see themselves living here.
This is only partly true. Wall to wall family photos are distracting, as is your porcelain rooster collection. These things are best put away. But don't go overboard, otherwise you'll end up with a look that feels cold and sterile.

4. If it's an original feature - it adds value.
Sometimes yes - but often no. Generally a property built less than 50 years ago without being updated is more likely to appear dated, rather than classic.

5. My place isn't worth staging.
All homes are worth taking the time to present in a positive light to buyers. The trick to knowing where to start and what to do is in having a good idea of what buyers in your target market will expect, along with learning more about what competing properties in your area are offering.


6. Empty rooms look bigger.            empty room                                          

This is rarely the case. Buyers will always prefer to see how a room is used and what will fit in it, rather than be left to guess. Very large rooms can also be too intimidating for some. Even borrowed furniture can help buyers get an idea of scale and give the eye something of interest to focus on.

7. Converting a bedroom into a home gym won't be a problem.
Bedrooms are one of the most valuable commodities of the 'for sale' property. Having a home gym set up in a bedroom will prompt buyers to wonder why that is. I remember once looking at a house where this was the case. When I came across the bedroom with the gym in it, I immediately began to question if a bed would even fit. Always give the rooms in your house a purpose.

8. No need to worry about wardrobes and cupboards.
Home storage is a big deal to most buyers and is surprisingly valuable. Prospective buyers will open storage cupboards in kitchens and bathrooms, so keep them tidy. Keep only what you're using on a daily or weekly basis, and pack the rest away ready for the move.

Have you got a staging myth you'd like busted? Share them with me here.


 

Donna Ross

Great Impressions Real Estate Staging

"I love helping Sydney home owners and real estate agents catch the eye of choosy buyers with their 'for sale' listings, with fast, simple and inexpensive decorating fixes."



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

Wow!! That first time homebuyer's (FTHB) credit has really started things on a roll with the Oahu real estate market. Full price, close to full price or multiple offers on just about all Oahu homes for sale under $650K. The market in the $650K to $800K price range doing well too! And the last few weeks, Oahu homes for sale going into escrow in record time. Only things in really bad condition or very overpriced are staying on the market. Most first time home buyers have gotten in, but still a few stragglers... Might now be too late to close by Nov. 30.

Now, the next round of buyers are those who have sold to FTHB and who are trading up or downsizing. And many need to find something fast. Hoping that this will gain a little momentum and activity will stay steady over the holidays. Typically, there is not as much inventory, but with a few more tradeup buyers in the market as a result of the FTHB activity, we may still be seeing some more price pressure and multiple offers this holiday season. Stay posted for the latest statistics posted at www.HomeShoppeHawaii.com.

Waiting to see what next year has in store for homebuyers... another credit??? 



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

There is a new luxury listing in Kailua that I just love! Not only for its great features, but because the price is right at $1,198,000. I came across it by almost accident, in the course of researching concrete countertops, of all things. The home is owned by General Contractor and artist, John Foley, also the founder of Concreations, a company that specializes in decorative concrete for the home - acid stained floors and custom concrete countertops.

This luxury home in Kailua is quite special, not only for its liberal use of custom concrete in almost every room of the house, but for its gorgeous ocean views. Perched high on a hilltop in the Keolu Hills area of Kailua, this home has expansive views of Kailua Bay from every lanai, and there are several of those across two levels. The downstairs of the home has 10 foot ceilings and the living room lanai doors open completely, giving the home an "inside is out" feeling of spaciousness. The downstairs living area is large and inviting with sea green acid stained floors and plenty of windows. There is a large bedroom and bath on this ground floor level, as well. The kitchen features stainless steel appliances and concrete counters inlaid with sea shells and turquoise.

Upstairs, you will find 9 foot ceilings, bamboo floors and another living area large enough for a living room suite and a pool table. The master suite features views, a large lanai, and large soaking tub with separate shower, and a walk-in closet. There are two additional smaller bedrooms, for a total of 4. There are also 4 total bathrooms, which are all quite large and which features gorgeous custom concrete countertops created by the owner.

For an additional suprise, the home has a guest suite complete with wetbar/kitchen facilities. This "recreation area," which could be compared to a small 1 bedroom apartment, even has its own separate entrance and a separate lanai with those same killer ocean views. And did I mention the home is situated perfectly to take advantage of the tradewinds, keeping things cool.  The home has custom doors and cabinetry and a suspended wire railed staircase reminiscent of a San Francisco loft home, as well as bright, modern, yet still decidedly tropical, choices in paint colors.

If you are an unrepresented buyer interested in this fine home and would like to see it, please don't hestitate to call me at 808-721-8088. Listing courtesy of CB Pacific Properties.

Luxury Real Estate Hawaii - Luxury Home for Sale Kailua
Main Living Area and Front Lanai, Doorway Completely Opens for Spectacular Kailua Bay Views - Acid Stained Concrete Floors, Custom Concrete Kitchen Counters in this Kailua Luxury Home Listing on Oahu

Ocean Views Kailua Real Estate for Sale
Kailua Bay Views from Every Lanai! Luxury Home Listings Kailua - Kailua Home for Sale - Keolu Hills, Kailua

Upper Living Area - Kailua Bay Views - Kailua Home for Sale
Upper Floor Living Area, Bamboo Floors 9ft Ceilings - Large Lanai and Kailua Bay Views - Luxury Homes in Kailua

Kailua Luxury Real Estate - Luxury Homes on Oahu
Large Downstairs Bedroom in Luxury Kailua Listing for Sale. Acid-Stained Concrete Floors, High Celings, WOW!



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

Looking for a luxury home for sale in Honolulu? or luxury home listings on Oahu? Or beachfront homes on Maui? Or luxury homes for sale anywhere else, for that matter... Have an iPhone? Well then, November 1 is your lucky day because that is the day the new iPhone application, LuxLister is set to be released.

LuxLister has been described by its makers as "a revolutionary way to search for luxurious properties directly from your iPhone. This unique application was designed to provide home buyers in the luxury market a way to look for property without being inundated with unwanted information or contact. The goal of the LuxLister application is to engage luxury real estate consumers by providing a platform which enables them to gain easy and seamless access to luxury listings internationally."

Luxlister is a FREE download which may be obtained through the Apple iTunes Store after November 1, which is the scheduled release date. Users can browse luxury homes for sale in their desired area and directly contact the listing agent for that property with the touch of a button. Seamless delivery of information and ease of contact all in one place! To use LuxLister just download the application to your iPhone and in seconds, start browing luxury homes for sale. Homeowners, as well as luxury real estate agents may list directly with LuxLister.

What types of properties are on LuxLister? As a general rule, the property must meet certain price guidelines and standards, typically having a sale price of 3 times the average sales price in the area. There may be exceptions to this, however. LuxLister promises to make the search for luxury homes on Oahu or in any other area of the world easier and quicker.  For more information go to www.luxlister.com.

Aloha & Good Luck Finding your Luxury Home or Beachfront Home in Honolulu!



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

LANIKAI, KAILUA NEIGHBORHOOD 
LUXURY & BEACHFRONT HOMES FOR SALE IN KAILUA, OAHU


10/06/2009 [2009 SALES DATA] [PAST SALES DATA]
ABOUT LANIKAI, KAILUA, OAHU


Lanikai means "heavenly seas" and is one of the most desired and expensive areas of Kailua. Lanikai is where you will find many of the luxury homes for sale in Kailua and has the best beacfront luxury homes on Oahu. Lanikai is the home or vacation spot to many local and national celebrities, such as the beloved late Don Ho. Elvis once had a home here too. Now, faces from the TV series "Lost," filmed on Oahu are often seen living and playing in Lanikai.

If you are looking for Lanikai real estate, you will find multi-million dollar mansions and modern architechtural masterpieces mingled with plantation style homes and shabby beach cottages. As one of the first and oldest areas of Kailua, there are more very old (incl. 20's & 30's) homes left in this area of Kailua than any other, some beautifully restored. The beach, with it's soft white sand is world renowned and many homes are either beachfront or have a views of the ocean and nearby Mokulua islands, a wildlife preserve, to which people take out kayaks.

Lanikai is located just past the South end of Kailua Beach Park, up and over the Lanikai Hill (Alala Street). Homes start on a relatively flat loop road and branch out up the hills from there.

The Mid-Pacific Country Club and Golf Course is located in Lanikai, Kailua, but there are no other local businesses. Commuting out of Kailua to town (Honolulu) is a bit slower from this area, as there is only one road in and out but many people don't find that to be an issue. Bellows Air Force Station recreation Area is located directly South of Lanikai and the Bluestone condominiums and Keolu Hills neighborhoods are on the backside of Lanikai's hills.

   Lanikai Homes for Sale - Lanikai Map

Prices for homes for sale in the Lanikai Neighborhood of Kailua can start in low 7 figures, usually around $1.0 for fixers or tear downs not on the beach and range to possibly, $9-10 million, (and more for larger sized parcels and luxury homes and estates that could be further subdivided to still large lots). Lots vary in size as well, usually, from around 10,000 square feet to over an acre, though there are a few smaller lots resulting from property CPRs. Zoning in this area is typically R-10, meaning one single-family residence per 10,000 sq ft. There are both homes and a few vacant lots available.

Public schools in Lanikai are Kailua Elementary and Lanikai Elementary (charter schools), Kailua Middle School, and Kailua HS, depending upon location. Private schools, such as St. Anthony School, is within a few miles and goes PS-8th. Grocery and restaurants are all within a mile or two from Lanikai. locations.


PAST SALES DATA FOR LANIKAI NEIGHBORHOOD IN KAILUA

Homes for Sale Lanikai Kailua Oahu

 

From 2004-2008, the number of sales in the Lanikai are of Kailua followed the mainland market, peaking in 2004-2005, dipping dramatically in 2007-2009. Average prices increased most significantly between 2004 and 2005. It used to be you couldn't find a home for sale in Lanikai for under $2M. Times have changed. 3 of the 4 homes sold in Lanikai in 2009 were in the under $2M price range. 

 

In summary, the luxury home sales statistics for the Laikai Neighborhood of Kailua over the past several years are set forth in the chart:

Year

# Sales

Median Sale Price

Average Price

Average DOM

Avg Sale to List
2004 29 $1,450,000 $1,953,486 73 97
2005 20 $1,517,500 $2,306,500 50 95
2006 14 $1,650,000 $2,125,928 73 95
2007 14 $2,307,000 $2,684,357 116 97
2008 9 $1,650,000 $2,889,333 61 99


2009 SALES DATA FOR LANIKAI NEIGHBORHOOD IN KAILUA - KAILUA LUXURY BEACHFRONT HOMES


This year, with only one quarter left in 2009, the number of sales in the Lanikai Neighborhood of Kailua is down very significantly. As of the end of September 2009 there have only been 4 sales, with 3 of those sales in the under $2 million price range and the average sale price at $2,028,750.


Unlike last year, in which we saw the sale of one property, 1554 Alapapa Drive for under $1 Million, the lowest sale in 2009 was $1.1 Million for 751 Alapapa. In 2009, only one Lanikai sale was beachfront: a 1935 home at 1206/1208 Mokuloa, which sold for $3,500,000.

  Lanikai Kailua Luxury Home for Sale

LANIKAI HOMES SOLD IN 2009, THROUGH Q3
LUXURY HOMES IN KAILUA OAHU

2009 STATS THROUGH Q3

Average Sale Price: $2,028,750
Average Days on the Market: 103

 

 

Right now (end Q3 2009), there are 25 homes for sale in Lanikai. Just over half have lot sizes of around 8-12,000 sq feet. 11 have lots larger than 12,000 sq ft, and 5 of these 11 are on lots over an acre in size.  10 Homes for Sale in Lanikai are beachfront. The asking price for the least expensive beachfront Lanikai home for sale is $4,950,000 and the highest priced beachfront home for sale in Lanikai is $13,000,000. If you are searching for Lanikai beachfront Homes by address the even-numbered side of Mokulua Drive has all the beachfront homes in Lanikai. Luxury homes and estates in Lanikai can be found on this street and throughout the area. I would expect to see some downward price pressure on Lanikai homes for sales, as a result of this years sales (or lack thereof).

If you want more specifics on what is currently on the market, please contact me directly at 808-721-8088. I didn't want to post all of the sales data here, because prices and availability may change frequently.

 

HOMES SOLD THROUGH Q3 2009 - LANIKAI KAILUA    
Address Lnd SqFt Liv SqFt Beds Baths Yr Blt Price DOM
751 Alapapa Drive 9,096 2,080 2/0 1996 $ 1,100,000 71
236 Poopoo Pl 10,007 2,829 3 4/0 1991 $ 1,615,000 86
212 Poopoo Pl 11,277 3,528 4 3/1 1989 $ 1,900,000 13
1206/1208 Mokulua Dr 14,890 2,707 6 4/0 1935 $ 3,500,000 292


Looking to buy or sell a luxury home in Kailua, a beachfront home in Lanikai, Kailua, or a relaxed beach cottage or retreat in the Lanikai Area of Kailua, Oahu, Hawaii? Or would you like help with luxury homes on Oahu in other areas of Oahu? I can help - I have specialized training in working with buyers of upscale homes and have 20 years experience in counseling and advising senior business executives and business owners, as well as handling multi-million dollar business transactions. I make it a point to stay up to date on market statistics and trend and track the relevant data. My membership in the Insitute for Luxury Home Marketing includes global networking and special resources for the luxury home market. Proud to be a full-service REALTOR-Broker and licensed transactional attorney, I help my clients get the best price in the shortest time, with the most information and the least hassle.



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

2009 Oahu, Hawaii Luxury Home Sales Statistics - Through Q3
[Luxury Real Estate Oahu, Hawaii 2008]
While relatively unscathed over the past few years, the luxury home market on Oahu has finally seen the effect of the economy. The luxury real esate market on Oahu has suffered in 2009, where we have seen a fairly significant drop in the number of sales. In the $3-4 Million price bracket, the number of luxury home sales is 10 for the first 3 quarters of 2009, down from 14 for all of 2008. In the $4-6 Million Dollar Oahu luxury home market, we have seen a more marked decline in the number of luxury home sales on Oahu. 2008 had a total of 15 sales and, so far, in 2009, there have been only 7. In the upper tier luxury home market on Oahu, at over $6 Million in Price, only 4 homes hae been sold in the first 3 quarters of 2009. In 2008, 17 luxury homes and estates on Oahu were sold in this price bracket. This reflects not only a decrease in number of homes sold, but also some downward price pressure on the luxury home market on Oahu. Great time to come in and buy a piece of the most beautiful and livable place on earth!

$3M-$3,999,999

 

 

 

 

 

 

 

 

 

Tax Map Key

Address

Neighborhood

Lnd SqFt

Liv SqFt

Beds

Baths

Yr Blt

Price

DOM

1-3-1-038-034-0000

3619 Diamond Head Rd

DIAMOND HEAD
Honolulu - Diamond Head

7,618

3,735

4

4/1

1963

$3,288,500

202

1-3-1-039-051-0000

3763 Diamond Head Rd

DIAMOND HEAD
Honolulu - Diamond Head

7,417

4,232

3

4/2

1979

$3,850,000

34

1-3-2-061-002-0000

4346 Puu Panini Ave

PUUPANINI
Honolulu - Diamond Head

16,385

4,480

5

4/1

2008

$3,900,000

95

1-3-5-012-035-0000

4449 Kolohala St

KAHALA AREA
Honolulu - Diamond Head

11,060

4,200

4

4/1

2007

$3,000,000

70

1-3-5-012-041-0000

4484 Aukai Ave

KAHALA AREA
Honolulu - Diamond Head

10,800

5,659

5

7/0

2008

$3,400,000

155

1-3-5-002-011-0000

4057 Black Point Rd

BLACK POINT
Honolulu - Diamond Head

13,473

5,244

6

6/1

2005

$3,625,000

39

1-3-7-016-019-0000

12 Puuikena Pl

HAWAII LOA RIDGE
Honolulu - Diamond Head

23,669

5,149

5

5/2

1989

$3,750,000

238

1-4-3-018-046-0000

21 Pilipu Pl

BEACHSIDE
Kailua

13,899

3,008

5

3/2

1960

$3,000,000

86

1-4-3-005-053-0000

1206/08 Mokulua Dr

LANIKAI
Kailua

14,890

2,707

6

4/0

1935

$3,500,000

97

1-4-9-001-023-0000

49-011 Kamehameha Hwy

HAKIPUU
Kaneohe -Windward

80,586

8,123

7

8/0

1984

$3,850,000

348

TOTAL # SALES:
(THROUGH Q3)

10

 

 

 

 

 

 

AVG DOM:

136

$4M - $5,999,999

 

 

 

 

 

 

 

 

 

Tax Map Key

Address

Neighborhood

Lnd SqFt

Liv SqFt

Beds

Baths

Yr Blt

Price

DOM

1-3-1-044-010-0000

4111 Papu Cir

DIAMOND HEAD
Honolulu - Diamond Head

8,114

4,986

3

3/1

1958

$4,200,000

31

1-3-1-027-003-0000

3207 Noela St

DIAMOND HEAD
Honolulu - Diamond Head

34,304

7,519

6

5/2

1938

$5,375,000

126

1-3-5-001-004-0000

4162 Black Point Rd

BLACK POINT
Honolulu - Diamond Head

21,040

4,328

4

4/1

1926

$5,200,000

297

1-3-6-003-010-0000

5343 Kalanianaole Hwy

AINA HAINA
Honolulu - Diamond Head

34,581

6,930

5

6/1

1990

$5,500,00

235

1-3-7-001-039-0000

5611 Kalanianaole Hwy

NIU BEACH
Honolulu - Diamond Head

15,567

5,208

4

4/1

1997

$4,725,000

153

1-4-3-083-014-0000

141 Kailuana Lp

BEACHSIDE
Kailua

27,293

5,201

5

4/1

1969

5,000,000

314

1-6-1-009-006-0000

61-581 Pohaku Loa Wy

KAWAILOA
North Shore

37,587

2,670

3

3/0

1950

5,245,000

52

TOTAL # SALES:
(THROUGH Q3)

 

 

 

 

 

 

AVG DOM:

173

$6M and Over

 

 

 

 

 

 

 

 

 

Tax Map Key

Address

Neighborhood

Lnd SqFt

Liv SqFt

Beds

Baths

Yr Blt

Price

DOM

1-3-1-027-001-0000

3239 Noela St

DIAMOND HEAD
Honolulu - Diamond Head

47,754

10,544

5

6/3

1989

$8.750,000

103

1-3-9-027-006-0000

142 Hanapepe Lp

KOKO KAI
Honolulu - Hawaii Kai

17,695

4,800

4

4/2

2008

$8,250,000

14

1-4-3-022-013-0001

57 Kailuana Pl A-1

BEACHSIDE
Kailua

24,202

4,606

4

4/2

2006

$6,830,000

313

1-4-3-018-063-0000

41 Mahiloa Pl

BEACHSIDE
Kailua

32,324

4,721

6

6/0

2007

$7,100,000

292

TOTAL # SALES:
(THROUGH Q3)

4

 

 

 

 

 

 

AVG DOM:

181



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

In fairness and with respect to the public school teachers on Oahu, let me start by saying how much I appreciate their hard work and my sincere belief that teachers on Oahu are sorely undervalued and underpaid.  I sound like a broken record, though, and am constantly shocked at budget cut after budget cut when it comes to education.

So now, in Hawaii, we have been told that the government must cut the budget by $468 million in over the next 2 years. To avoid laying off teachers, the DOE and Hawaii State Teachers Association have agreed, as of September 23, 2009, that teachers will take a 7.94% pay cut and in return, teachers will get 17 furlough days.

What does this mean for Hawaii students? As a practical matter, public school on Oahu now seems to be almost part time. As a result of the furloughs, most Fridays will be missed, leaving a 4 day school week. As it was, one of these days was a "short" day to account for teacher meetings. I am sure this will wreak havoc on many parents' child care schedules and budgets, as well as those of the teachers. Also, it is my understanding that field trips and any special activities will now be cancelled to make up for the extra instruction time.

The only thing else I can say is about this is it is just really, really sad for the students, and places a terrible burden on both teachers and parents. Come on Governor Lingle, can't you figure out another place to make cuts?



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

BEACHSIDE, KAILUA NEIGHBORHOOD 
LUXURY & BEACHFRONT HOME FOR SALE IN KAILUA, OAHU


9/28/2009 [2009 SALES DATA] [PAST SALES DATA]


ABOUT BEACHSIDE, KAILUA, OAHU
The Beachside Neighborhood in Kailua is one of Kailua's and Oahu's most prolific luxury home and beachfront home neighborhoods. All of the homes in the Beachside area of Kailua are located beachfront or within a short walking distance to the beach. Many homes, even some of those with a busy street address like Kalaheo Avenue, are down quiet streets and off private lanes. There are several mini-neighborhoods and HOA's, in these charming beachside lanes, with amenities not usually seen in Kailua, like underground utilitites, and most having a private beach access path for residents. There are also several public beach access points in the Beachside Neighborhood in Kailua.

Prices in the Beachside Neighborhood of Kailua can start in low 7 figures, usually around $1.0 for fixers or tear downs on Kalaheo Ave. and range to possibly, $9-10 million, (and double that for larger sized parcels and luxury homes and estates that could be further subdivided to still large lots). These super-deluxe Kailua luxury homes can be sprawling Balinese or plantation-style compounds, while the lesser expensive homes may be shabby beach cottages and anything in-between. Lots vary in size as well, usually, from around 10,000 square feet to over an acre, though there are a few smaller lots resulting from property CPRs. Zoning in this area is typically R-10, meaning one single-family residence per 10,000 sq ft. There are both homes and a few vacant lots available. Older homes, unless of historical significance tend to get torn down and replaced in this area.

   Map Beachside Neighborhood Kailua, Oahu

The Beachside Neighborhood of Kailua, where some of the best luxury homes on Oahu, is located in the perfect location, along the 3 miles of white sandy beaches of Kailua Bay (on the makai side) bounded by and including the even-numbered side of North Kalaheo Drive (but not including all of N. Kalaheo). To the Northwest, it is bounded by the Kaiwanui Canal to the ocean, and to the Southeast by Kailua Road and the Kawailoa neighborhood (Kailua Beach Park). The Beachside Neighborhood includes the prestigious Castle Point area, with incredible luxury homes and estates, an area once owned by Harold HK Castle. Also, the coveted subdivision of Kainalu Park, with some luxury estates and some more modest homes, and small associated areas and associations such as Dune Circle, L'Orange, etc. Public schools are Kailua & Kainalu Elementary, Kailua Middle School, and Kailua and Kalaheo HS, depending upon location. Private school, St. Anthony, is within walking distance for most areas and goes PS-8th. Grocery and restaurants all within a mile from most locations.


PAST SALES DATA FOR BEACHSIDE NEIGHBORHOOD IN KAILUA


View Castle Point Kailua Beachside Neighborhood

 

From 2004-2008, the number of sales in the Beachside are of Kailua remained somewhat stable, dipping the most in 2006. Average prices increased most significantly between 2004 and 2005, with a notable increase again between 2005 and 2006. However, it is important to note that average sale prices in 2006 and 2008 were both skewed upward* by very large (over $20 Million) sales of large properties. Median prices saw increases also through 2006. The median sale price, however, has been dipping by about 10% a year over the past few years.

 

In summary, the statistics for the Beachside Neighborhood of Kailua over the past several years are as follows:


Year

# Sales

Median Sale Price

Average Price

Average DOM

Avg Sale to List
2004 21 1,325,000 1,869,023 67 95
2005 19 1,900,000 2,668,143 82 96
2006 16 2,195,000 3,770,062* 85 95
2007 21 2,000,000 2,938,714 82 93
2008 18 1,800,000 3,996,055* 68 93

2009 SALES DATA FOR BEACHSIDE NEIGHBORHOOD IN KAILUA - KAILUA LUXURY BEACHFRONT HOMES

This year, with only one quarter left in 2009, the number of sales in the Beachside Neighborhood of Kailua is already down significantly. As of the end of September 2009 there have only been 10 sales, with the median price at $2,195,000 and the average price at $3,180,500.


The lowest sale so far in Beachside, for 2009, at a jaw droppingly low price of $780,000 was for a tear down home on an 11,000 sq ft lot, right on North Kalaheo Ave. This went under contract at the end of 2008, and closed in Q1 2009, when the Kailua real estate market was looking its most dismal. I don't think anyone expects to see more deals like this.

  Castle Point Kailua Luxury Home for Sale

BEACHSIDE HOMES SOLD IN 2009, THROUGH Q3
LUXURY HOMES IN KAILUA OAHU


2009 STATS THROUGH Q3

Median Price: $2,275,000
Average Sale Price: $3,180,500
Average Days on the Market: 181

 

Right now (end Q3 2009), there are 23 homes on the market. Over half of these are on estate sized lots (i.e. around 1/3 acre or more). The former Castle Estate, now listed for $15M, is on 1.5 acres at Castle Point, with three homes, but in the process of being divided into three single-family lots. Another 2/3 acre lot with a compound of two new residences on South Kalaheo, near Kailua Beach Park, is listed for $21,000,000. The home at Castle Point, used by President Obama for his vacation last year, is also for sale.

Many of the homes currently for sale are newly renovated/developed properties, resulting from speculation in the boom years of 2004-2006 and the division of some larger lots. Some of these are now lender/investor owned, due to the market downturn and inability to build/sell. As you can see, average days on the market has gone up tremendously, more than doubling. May be time to see some major price reductions for some of these.

If you want more specifics on what is currently on the market, please contact me directly at 808-721-8088. I didn't want to post all of the sales data here, because prices and availability may change frequently.


HOMES SOLD THROUGH Q3 2009 - BEACHSIDE KAILUA    
Address Lnd SqFt Liv SqFt Beds Baths Yr Blt Price DOM
224 N Kalaheo Ave 11,020 1,420 2 1/1 1951 $ 780,000 71
24 N Kalaheo Ave 10,925 3,127 3 4/0 2008 $ 1,250,000 86
61 Kai One Pl 10,000 3,100 4 4/0 1965 $ 1,495,000 283
33 Kalaka Pl 10,002 3,317 5 5/0 1950 $ 1,800,000 13
169 Kailuana Lp 10,080 3,124 4 4/0 1968 $ 1,900,000 265
27 Kai Nani Pl 13,906 3,679 4 3/1 1956 $ 2,650,000 83
21 Pilipu Pl 13,899 3,008 5 3/2 1960 $ 3,000,000 86
141 Kailuana Lp 27,293 5,201 5 4/1 1969 $ 5,000,000 314
57 Kailuana Pl A-1 24,202 4,606 4 4/2 2006 $ 6,830,000 313
41 Mahiloa Pl 32,324 4,721 6 6/0 2007 $ 7,100,000 292

Looking to buy or sell a luxury or beachfront home, or a relaxed beach cottage or retreat in the Beachside Area of Kailua, Oahu, Hawaii? Or would you like help with luxury homes on Oahu in other areas of Oahu? I can help - I have specialized training in working with buyers of upscale homes and have 20 years experience in counseling and advising senior business executives and business owners, as well as handling multi-million dollar business transactions. I make it a point to stay up to date on market statistics and trend and track the relevant data. My membership in the Insitute for Luxury Home Marketing includes global networking and special resources for the luxury home market. Proud to be a full-service REALTOR-Broker and licensed transactional attorney, I help my clients get the best price in the shortest time, with the most information and the least hassle.



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 

Yesterday, at Broker's Open House in Kailua, Oahu, I had the opportunity to view an exquisite beachfront home at Castle Point. Interestingly, it also happened to be part of the group of homes that was used by President Obama and his family for their December 2008 vacation in Kailua.

Kailua is a laid-back beach town, about 14 miles from downtown Honolulu. This Kailua Beachside Neighborhood property, formerly part of the Harold KL Castle Estate, sits on almost an acre of land in a prestigious gated community known as Castle Point. Castle Point is at the end of Kailuana Place through the also exquisite Kainalu Park Area in Kailua. The back of this Kailua estate for sale fronts the tranquil aquamarine waters of Kailua Bay and one of the best white sand beaches in the US, if not the world. Recreational activities enjoyed on Kailua Beach area include windsurfing, kitesurfing, stand-up paddling, kayaking, swimming, and of course, suntanning. You may even frequently spot a honu or two! The front of this Beachside Neighborhood home for sale is on a quiet, wide, dead-end street, that fronts the Kaiwanui Canal, leading to the ocean.

The wood-frame Tropical Plantation style luxury home, built in 2006, is almost 5,000 sq feet under roof, with almost 2,000 square feet of open lanai, and has 5 bedrooms and 5 1/2 baths. The entry to the home is gated and features a spacious and private front courtyard area with tropical landscape, a pool, waterfall and whirlpool. The open floor plan of this Kailua home features many rooms opening directly into the spectacular courtyard, maximizing the flow of the cool tradewinds from the ocean.

The architectural detail and finish work, including stained glass, stonework, and intricately carved wood, at this Beachside Neighborhood home are impressive, yet not pretentious. This fine home is still suitable to the relaxed beach lifestyle of Kailua. This home is listed at $8.9 Million. Qualified buyers, please call me for an appointment or for more information on this property. 808-721-8088.

Back of Beachfront, Beachside Neighborhood Kailua home, looking from Kailua Beach. 

Obama Vacation Home - Kailua Oahu Hawaii - From Beach

 


This Castle Point home features a large Chefs kitchen with top of the line stainless appliances.

Obama Vacation Home - Kailua Oahu Hawaii - Gourmet Kitchen

An Expansive Living/ Dining Room Area opens to Interior Courtyard Area in this fine Kailua Luxury Home.

Obama Vacation Home - Kailua Oahu Hawaii - Dining Area


Master Bath w/ Shower, Soaking Tub, Double Vanities, and a Multi-Million Dollar View.

Obama Vacation Home - Kailua Oahu Hawaii - Master Bath


Media Room and View Down Hallway With Bedrooms, Laundry, Etc. in This Comfortable Kailua Luxury Home.

Obama Vacation Home - Kailua Oahu Hawaii - Media Room


Front Courtyard and Beautifully Landscaped, Private Pool Area.

Obama Vacation Home - Kailua Oahu Hawaii - Front Courtyard


Gorgeous Lanai Area in Front Courtyard

Obama Vacation Home - Kailua Oahu Hawaii - Back Lanai


Large Lava Rock Pool Area with Waterfall in Front Courtyard.

Obama Vacation Home - Kailua Oahu Hawaii - Pool Views


Back Yard with Frontage Directly on Kailua Beach & Bay - Miles of White Sandy Beaches!

Obama Vacation Home - Kailua Oahu Hawaii - Back Yard Kailua Beach

Listing courtesy of Joel Cavasso, C21 Kailua Beach Realty. Photographs used with permission.



(c) Copyright, 2007-2009. Yvonne Jaramillo Ahearn. Reuse with permission only.

Yvonne Ahearn Honolulu Real Estate Kailua Realtor Honolulu Realtor Homes in HawaiiYvonne Jaramillo Ahearn Esq.
REALTOR-Broker, ABR, e-PRO
808-721-8088
HomeShoppeHawaii.com

Casey & Associates
Real Estate Professionals
"Real Dreams. Real Solutions."

Full-service REALTOR-Broker, Serving All Areas of Oahu, including Honolulu, Hawaii Kai, Waimanalo, Kailua, Kaneohe, Central Oahu, North Shore & the Windward Coast

Honolulu Oahu Luxury Homes | Hawaii Luxury Home REALTOR | Oahu Real Estate | Honolulu Luxury Real Estate | Hawaii Realtor| Oahu REALTOR | Kailua REALTOR| Hawaii Kai REALTOR| Hawaii Luxury Real Estate | Kailua Real Estate| Hawaii Kai Real Estate| Homes for Sale on Oahu| Oahu Condos | Honolulu Luxury Condominiums| Homes for Sale in Hawaii | East Oahu Real Estate| Kailua Hawaii Real Estate| Hawaii Market Information

Neighborhoods: Honolulu, Hawaii Kai, Kailua, Waimanalo, Kaneohe, North Shore, Lanikai, Beachside, Hillcrest, Norfolk, Kaimalino, Kawailoa, Enchanted Lake, Kailua Bluffs, Keolu Hills, Bluestone, Kukilakila, Kalama Tract, Kuulei Tract, Kailua Estates, Koolaupoku, Maunawili, Kaneohe, Haiku Plantation, Ahuimanu, Kahaluu, Lilipuna, Lulani Ocean, Matson Point, Portlock, Nawiliwili, Mariner's Cove, Anchorage, Mariner's Ridge, Northshore, Diamond Head, Black Point, Kahala, Portlock, Koko Kai, Paiko Lagoon, Waialae Golf Course, Nawiliwili, Hawaii Loa Ridge, Waikiki, Downtown Honolulu, Kapahulu, Kaimuki, Wilhelmina Heights, Manoa, Tantalus, Makiki Heights, Alewa Heights. 

 
 
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Yvonne Jaramillo Ahearn (R) Oahu Luxury Homes -Relocation -Beachfront Homes

Kailua, HI

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Casey & Associates

Address: 7192 Kalanianaole Hwy, C-121 (by Foodland), Koko Marina Shopping Center, Honolulu, HI, 96825

Office Phone: (808) 721-8088

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